Inheritance

kepar

pottermore wrote: »

I am sorry about your loss! Nans are always special persons in our life.

Just to summarize what I got from this discussion:

1) Petition February 2012
2) IPA for 3 years
3) Discharge Februrary 2013
4) Death of relative: August 2013
5) Inheritence: Now

=> You get to keep the inheritance, because

a) IPA only affects income from a job (or rent in a house you own)

b) The death was AFTER your discharge (it doesn't matter when you actually inherit after your discharge, if the death was while you were bankrupt)

Correct?

Point A. If the inheritance generates interest, then that will be classed as income and you will have to declare it because of your IPA. The lump sum or property is yours.

Point B. Not sure what you are saying because the death has to be post br. When you rx your inheritance doesn't matter.


And the point you are trying to get to OP, yes you have to answer honestly you have been br. It is so they can check to ensure that the money will go to the OR if you are still br. In your case you are post br, so nothing to worry about.